Jul 19, 2012 6:00am PDT
of the foreign investors' money came through corporations registered in panama. and then known for tax advantages and unusual banking secrecy. in an interview with abc news this morning, anne romney was asked to respond to thebain attacks and she came out swinging. >> i was beneath the dignity of the office of the president to do something as egregious as that. to attack somebody on that level is i believe beneath his dignity. >> nbc's senior political editor mark murray is here. he joins me now. and mark, fascinating numbers on the polls. we'll put it up there. 47-46. obama 47-41. razor thin race and obama seems to be just brought down by his handling of the economy. can't shake it. >> luke, there are two forces at play which show why the polls pretty much are the same. that this race is essentially tied or deadlocked, however you want to describe it. the economic forces keeping president obama down, but also, the fact that people aren't yet still sold on mitt romney. and these two forces are at play right now which explains why we see president obama up two or three points up in one poll. overa
Jul 19, 2012 3:00pm PDT
says quote, most of the foreign investors' money came through corporations registered in panama. then known for tax advantages and unusual banking secrecy. but it didn't matter to romney where the money was coming from, he knew there was little risk to him in starting his investment fund. he was assured by his boss bill bain back in 1984 that starting up bain capital would be a non-risk prospect for romney. ezra klein at the washington post writes, romney would get his old job and salary back plus any raises he would have earned during his absence. and bain promised that if necessary he would craft a cover story saying that romney's return to bain and company was needed because of his value as a consultant. so there was no professional or financial risk. no professional or financial risk. that's the kind of security that's denied to most americans. there's also news today undercutting romney's claim that he left bain back in 1999 to run the salt lake city olympics. >> i had no association with the banishment of bain capital after february of 1999. that's when i left the firm. i'
Jul 13, 2012 3:00am PDT
importantly, i don't see pensacola, i don't see fort walton, i don't see panama city beach, not the redneck riviera. >> mcclain. >> mcclain, come on. it looks like a town where a bunch of hip peas hang out and smoke pot or something. >> you sound the way colbert drilled me one day. it's great to see you, joe, and you know i visited pensacola a number of times and worked with them on making their city and helping their institute and everything they're doing down there. and they're doing good. florida is better. i spend the winter in miami, but it's got toin ve invest a little in that technology, it's got to bring skills. huntsville does great. it may not be tuskarawas loocal it's doing great at growing its economy. >> we have a chance to grow in the next 20, 30, 40 years. if we crack the code on an energy source that's cheap enough and economical enough that we can produce it on scale and run the economy, you will see smaller college towns just like richard is talking about absolutely explode. instead of some oil taxes in sau saudi arabia or some natural gas fields in pennsylvania, you will
Jul 19, 2012 11:00am PDT
corporations regist registered in panama which actually gave very preferential tax treatment. you didn't have to pay a whole lot of taxes. and so this story actually highlights the nebulous world of offshore accounts, tax perks for very wealthy folks that have been dogging mitt romney and his campaign now for a couple of weeks. >> there's the headline there of the article that you just mentioned, bain capital started with help of offshore investors. we should note here, of course, the romney campaign responding today, their response, here it is in part, quote, president obama's own jobs council advocating more foreign direct investment in the u.s. to help grow the economy, something president obama himself has been unable to do, as illustrated by the recent downgrades in gdp forecast. how these investors chose to invest is their decision, not bain capital's. do you think, mark murray, do you think any of this adds fuel to the fire over romney's tenure at bai? >> you know, craig, i think the danger for romney campaign is there's almost going to be a drip-drip nature. you're going to have artic